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sertanlavr [38]
2 years ago
9

On December 15, 2016, the board of directors of Cross Corporation declared a cash dividend, payable on January 8, 2017, of $0.94

per share on the 2,000,000 common shares outstanding. On December 15, 2016, Cross Corporation should:__________.a. not prepare a journal entry because the event had no effect on the corporation's financial position until 2017.b. decrease cash $1.88 million and decrease retained earnings $1.88 million.c. decrease retained earnings $1.88 million and increase expenses $1.88 million.d. decrease retained earnings $1.88 million and increase liabilities by $1.88 million.
Business
1 answer:
pentagon [3]2 years ago
6 0

Answer:

d. decrease retained earnings $1.88 million and increase liabilities by $1.88 million

Explanation:

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ad-work [718]

Answer:

The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.

Explanation:

It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.

7 0
3 years ago
Below are the expected afterminustax cash flows for Projects Y and Z. Both projects have an initial cash outlay of​ $20,000 and
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Answer:

Project Y = -$1,825.80

Project Z = $4,148.00

Explanation:

Calculation are as attached in the file

5 0
3 years ago
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. Suppose that a car dealer has a local monopoly selling Volvos. It pays w to Volvo for each car that it sells, and charges each
kicyunya [14]

Answer:

The dealer will sell 15 Volvos

Explanation:

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Differentiating with respect to q, we get

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6 0
3 years ago
What is noncompetition?
Valentin [98]

Answer:

A lack of competition

Explanation:

Non = absence

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Which means noncompetition would mean "a lack or a absence of competition."

Hope this helps.

8 0
3 years ago
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What is the difference between a point inside and a point on a PPC?
jasenka [17]

Answer:

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Explanation:

6 0
2 years ago
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